As per the RBI, market trading hours for all the markets regulated have been restored to the previous pre-Covid timings. Further the confusion around the new and extended bank timings should be done away with as the banks are probably functional for that extra one hour for say Currency market and not the whole of banking services shall be available for extended hours.
This has been done in additionally, as the timing for other markets regulated by the RBI have also been restored as earlier.
So, accordingly all of the 7state run banks including the country's top lender SBI as well as over 20 private banking entities will need to comply with the direction of new and revised bank opening timings.
Also, as stated in the RBI's bi-monthly outcome in April meet banks will soon enable cardless cash withdrawal that shall block or hinder the high rates of theft using cards and similar techniques.
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